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2015-09-01

Valmet: Royal inauguration at Valmet delivered biomass-fired power plant in Oskarshamn in Sweden

Valmet Corporation's press release on September 1, 2015 at 11:00 a.m. EET

The inauguration of Oskarshamn Energi's new biomass-fired power plant was held
on Friday August 28th, 2015. The King of Sweden Carl XVI Gustaf and the Crown
Princess of Sweden Victoria honored the occasion with their presence and as
inauguration symbolically fed forest residue to the fuel feed system. The
official inauguration was followed by open doors at the power plant, where
the public could visit the plant and learn about its operation.

In his speech the King linked the power plant to local action on combating
climate change and the upcoming climate meeting in Paris. He lifted the use
of forest residue as a good example of utilizing something that would
otherwise go to waste.

In addition to the King also local county representatives and the Managing
Director of Oskarshamn Energi gave their speeches as part of the ceremony.

"As the leading local energy provider it is of great importance to us to be
able to provide environmentally friendly heat and electricity to our
customers. This is possible due to this new power plant. The sunny
inauguration performed by His Majesty the King of Sweden was a really great
experience," saysJöns Wahlström
, Managing Director of Oskarshamn Energi

"This project has been a technical success and we have been able to combine
the know-how of many different Valmet teams. This plant is an excellent
representation of our energy production technologies as well as environmental
and automation solutions, and will serve as an important reference facility
also for future projects," saysBertel Karlstedt
, Pulp and Energy business line President, from Valmet.

Image: Jöns Wahlström, Managing Director of Oskarshamn Energi, thanking the
King of Sweden Carl XVI Gustaf and the Crown Princess of Sweden Victoria for
attending the inauguration.

High efficiency biomass-fired power plant with low emission

The new Oskarshamn Energi's combined heat and power plant (CHP) has a thermal
output of 17.7 megawatts (MW) of district heating and an electrical output of
3.8 MW. The CHP plant also has a flue gas condenser to provide additional 4
MW thermal output to district heating network. The plant will cover 70 % of
the Oskarshamn municipality's annual district heat demand.

The boiler is able to use renewable fuels with moisture content up to 55 %.
The plant utilizes modular power plant design and has low emissions due to
high combustion efficiency.

Valmet's delivery included a complete power plant, including patented BioGrate
combustion technology, installation, training and commissioning. The plant
automation is based on Valmet DNA technology. Valmet also delivered a flue
gas condenser and a ventilation system.

Image: Oskarshamn Energi's new biomass-fired power plant

Information about the customer Oskarshamn Energi

Oskarshamn Energi provides electricity, heating, biogas and services in the
Oskarshamn region in Sweden. The company has 30 employees and it is owned
equally by Oskarshamn municipality and E.ON Sweden AB. It is responsible for
distribution of electricity in most parts of the municipality and for
district heating distribution in the urban area.

VALMET
Corporate Communications

For further information, please contact:

Mikael Barkar, Senior Sales Manager, Projects, Pulp and Energy, Valmet, tel.
+358 10 676 3644

Valmet is the leading global developer and supplier of technologies,
automation and services for the pulp, paper and energy industries. Valmet's
vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. The strong technology offering includes
pulp mills, tissue, board and paper production lines, as well as power plants
for bio-energy production. Valmet's advanced automation solutions range from
single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000
professionals around the world work close to our customers and are committed
to moving our customers' performance forward - every day. Valmet's head
office is in Espoo, Finland and its shares are listed on the NASDAQ OMX
Helsinki Ltd.

Read more
www.valmet.com,
www.twitter.com/valmetglobal

IMAGE: Inauguration of Oskarshamn Energi's new power plant
http://hugin.info/149898/R/1948893/708089.jpg
IMAGE: Oskarshamn Energi's new biomass-fired power plant
http://hugin.info/149898/R/1948893/708090.jpg

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Valmet via Globenewswire

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